IBT Staff Reporter

152341-152370 (out of 154954)

Nokia Profit Beats Estimates, Shares Rise

Nokia Corp. (NYSE: NOK) reported strong first quarter earnings, boosted by sales in emerging markets and better than expected margins, sending shares rising in Thursday trading.

Amgen Shares Rise on Drug Trial Results

Shares of biotechnology firm Amgen, Inc. (Nasdaq: AMGN) shot up 4 percent Thursday, after results of a study for its Aranesp anemia drug for patients with small-cell lung cancer yielded no difference in survival rates than for patients who did not use the drug.

E*Trade Falls on Weaker 2007 Outlook

Shares of online broker E*Trade Financial Corp. (Nasdaq: ETFC) fell Thursday, a day after the firm’s first-quarter earnings report showed a profit that beat Wall Street expectations but also included lower guidance for the full fiscal year.

Yahoo! Shares Drop 11 Pct. on 1Q Results

Investors sent shares of Internet portal Yahoo Inc. (NASDAQ: YHOO) plummeting more than 11 percent on Wednesday, after the firm posted weaker-than-expected earnings and revenue.

Vonage Shares Fall on Bankruptcy Warning

Shares of Vonage Holdings Corp. (NYSE: VG) fell more than 6 percent on Wednesday after the company warned it could take itself into bankruptcy because of an ongoing legal dispute over patents with Verizon Communications Inc. (NYSE: VZ), according to a regulatory filing.

Goldman Sachs Downgrades IBM

International Business Machines Corp. (NYSE: IBM) was downgraded from a Buy to a Neutral rating by a Goldman Sachs (NYSE: GS) analyst after the firm reported its earnings for the first quarter on Wednesday.

Top U.S. Court Backs Ban on Abortion Procedure

The Supreme Court upheld the nationwide ban on a controversial abortion procedure Wednesday, handing abortion opponents the long-awaited victory they expected from a more conservative bench.

TD Ameritrade 1Q Profit Falls, Lowers Guidance

Shares of brokerage TD Ameritrade Holding Corp. (NASDAQ: AMTD) shed nearly 10 percent in Tuesday trading after the firm lowered its guidance for fiscal 2007 and first-quarter income fell 18 percent.

BCE Explores Options, Including Privatization

Canadian telecom giant, BCE Inc. (NYSE: BCE) revealed on Wednesday that it was exploring strategic alternatives to enhancing shareholder value, including the possibility of going private.

Northern Trust Reports 15 Pct. Higher 1Q Profit

Financial services firm Northern Trust Corp. (NASDAQ: NTRS) posted a 15 percent gain in its first-quarter net income on record trust, investment and other servicing fees the firm said Tuesday.

Va. Tech President: Gunman Was A Student

Virginia Tech's president said Tuesday that a student was the gunman in at least the second of the two campus attacks that claimed 33 lives to become the deadliest shooting rampage in modern U.S. history.

Qantas Employees Worried Over Bidder’s Debt Plans

Qantas staff are worried about their employment security with the airline, according to a report, after Qanta’s bidder Airline Partners Australia (APA) revised a key condition of its takeover plan last week, which calls for the airline to take on more debt.

Report: Sallie Mae In Takeover Talks

Shares of SLM Corp., the largest U.S. student loan provider, (NYSE: SLM) jumped on Friday after a published report said the firm is in talks with private equity groups for a possible sale of the company.

Piper Jaffray to Buy FAMCO for $66 Million

Investment bank Piper Jaffray Companies (NYSE: PJC) said on Friday that it agreed to acquire Fiduciary Asset Management, LLC (FAMCO) for about $66 million in cash, in a bid to enter the asset management business.

Merck Rallies on Dismissed Lawsuit

Shares of Merck & Co., Inc. (NYSE: MRK) jumped in Friday trading as a federal judge dismissed a class-action lawsuit over the company's pain reliever Vioxx.

Allen Systems to Acquire Mobius

Shares of Mobius Management Systems Inc. (NASDAQ: MOBI) jumped on Thursday after it agreed to be acquired by Allen Systems Group, Inc. an enterprise software provider.

Ipsco Shares Surge on Takeover Talk

Steel maker Ipsco Inc.(NYSE: IPS), the second largest U.S. steel pipe maker for energy explorers, confirmed on Thursday that it is currently in discussions that could lead to a potential acquisition of the company.

Manor Care Shares Jump on Potential Deal

Shares of health care provider Manor Care Inc. (NYSE: HCR) jumped on Wednesday following an announcement that it enlisted help from a Wall-Street brokerage to increase share holder value.

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